£423,233
This estimated value is based upon the latest sale price for the house of £345,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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341 Roman Road, Bow, E3 5QR
Phone: 02081152220
| Price Paid | Date |
|---|---|
| £345,000 | 12 Dec 2019 |
| £77,000 | 28 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £345,000 results in an estimated price of approximately £423,233.
| 12 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £345,000 | £78,233 | £423,233 |
The Postcode Pricing Model uses changes in average sales price within the E3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 7.979 % | £27,526 | £372,526 |
| 3 Month Average | 6.390 % | £22,045 | £367,045 |
| 6 Month Average | 5.478 % | £18,899 | £363,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £724,512 | £725,000 | FLAT 2 180 GROVE ROAD |
| 18 Nov 2022 | £592,819 | £600,000 | 371A ROMAN ROAD |
| 16 Aug 2022 | £433,832 | £435,000 | FLAT 19 HOOKE HOUSE GERNON ROAD |
| 20 May 2022 | £458,642 | £450,000 | FLAT 13 ARDENT HOUSE, 320 ROMAN ROAD |
| 16 May 2022 | £326,655 | £320,500 | FLAT 4 IVANHOE HOUSE, 130 GROVE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Oct 2019. Using an estimated price of £423,234 means this house is valued at £5,290 per sq meter (£491 per sq foot).
The average size of a house on GERNON ROAD is 75 sq meters (817 sq feet).